Wed.Nov 22, 2023

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VMware Customers: Brace For Impact

Forrester eCommerce

October 30, 2023 came and passed — the date that marked the end of Broadcom’s fiscal year and the promised close for its $61 billion VMware acquisition. In anticipation of that timing, VMware shareholders were given until October 23 to decide whether to accept Broadcom shares at $142.

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Transforming Holiday Marketing in CPG Retail with Generative AI

Retail TouchPoints

In today’s rapidly evolving retail landscape, generative AI is the latest technology transforming the way retailers reach and engage shoppers. Getty Images’ VisualGPS consumer survey finds that 79% of Americans are excited about the potential of using AI to increase productivity, and a study by SAP Emarsys confirms that so far, 77% of consumers enjoy the personalized shopping recommendations that this new technology enables.

Marketing 259
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Evolving B2B Marketing Mindsets

Forrester eCommerce

Marketing has become a strategic function in driving revenue growth for B2B companies, but to continue improving, marketing leaders must challenge long-held beliefs and retool their mindsets to embrace the evolving customer lifecycle and complex buying journeys. Let’s explore the ingrained mindsets that B2B marketing leaders must abandon to evolve and thrive.

B2B 438
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Walmart Debuts In-Store Parcel Stations to Speed Delivery

Retail TouchPoints

Walmart has introduced parcel stations — essentially mini “post offices” designed to streamline stores’ receiving and delivering of orders — and will have them operating in more than 40 stores by the end of 2023. Many are operating now, in time for the holiday season, and Walmart plans to expand the stations to additional stores next year. “Today we have over 4,000 stores operating as delivery hubs, fulfilling and delivering a variety of different order types,” wrote Jennifer McKeehan, SVP, Tran

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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NVIDIA Faces An Army Of Opponents That Might Include You

Forrester eCommerce

At Forrester, we are industry analysts, not financial analysts, but in our profession, we need to look at tech company finances as part of our vendor viability assessment. The company we’ll highlight today is NVIDIA. NVIDIA Is On A Roll NVIDIA is a great company led by the brilliant and charismatic CEO Jensen Huang.

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Big Lots Adds Uber Eats Delivery Option from 1,200+ Stores

Retail TouchPoints

Discount home goods retailer Big Lots has partnered with Uber Eats to offer delivery services from its more than 1,200 stores across the country in time for the holiday season. Uber Eats users will gain access to exclusive Big Lots brands like Broyhill home décor items as well as other brands and private label products, organized by category and seasonal “aisles” such as Christmas Shop.

More Trending

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fsBuilds: Offload Payment Processing to FastSpring While Still Using An Existing Application for Distributing Software (Video)

FastSpring

There are an infinite number of ways you can integrate FastSpring into your applications and systems in order to offload complexity and help drive success for your SaaS, software, video game, or digital product business. To help you understand exactly how FastSpring enables developers with specific types of builds, FastSpring has launched our new “fs Builds ” content series featuring developer-built content showing detailed steps, code examples, and advice on how each developer approached a spec

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ISE 2024 is ‘Your Destination for Innovation’ in Pro AV and Systems Integration

365 Retail

Integrated Systems Europe (ISE) will return to Barcelona (30 January – 2 February 2024) as the most comprehensive exhibition for the pro AV and systems integration sectors and is set to raise the bar once again. Mike Blackman, Managing Director, Integrated Systems Events said, “Without a doubt, ISE is ‘Your Destination for Innovation’, and we will prove that this is not just a claim.

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How Much Money Do You Actually Need to Start Your Amazon FBA Business

Algopix

In the ever-evolving landscape of e-commerce, entrepreneurs are increasingly drawn to the opportunities presented by Amazon FBA (Fulfillment by Amazon). As the e-commerce giant continues to dominate the market, many aspiring sellers wonder about the capital required to venture into the world of Amazon FBA successfully. This comprehensive guide aims to provide not just answers but an in-depth exploration of the nuanced costs associated with initiating and sustaining a thriving Amazon FBA business

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Dick’s sales rise 3%, buoyed by strong back-to-school season

RetailDive

It could be a good indicator of holiday performance, but that season is “very distinct” from the summer sales event and involve a wider group of competitors.

Events 107
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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Computer Vision and AI: the new weapon against shoplifters

365 Retail

Inferring meaningful information from digital images and videos: retailers’ hopes to have a new, highly efficient tool against shoplifting, loss and organised crime in future are based on Computer Vision, a sub-segment of Artificial Intelligence (AI). At EuroCIS 2024 in Düsseldorf exhibitors will demonstrate how far this technology has already come.

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Florida Judge Accuses Tesla of Knowing About Flawed Autopilot Tech

RetailWire

A judge in Florida has ruled that there's reason to believe that Tesla's executive team knew about potential flaws in the company's self-driving technology.

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Exclusive: The Home Depot’s Andrew Fritts Shares How Computer Vision Is Wrapping up Holiday Prep

RIS News

Technology Senior Director at The Home Depot tells RIS why computer vision is set to "transform inventory management" and how the tech is helping store associates prep and stock stores for the holiday rush.

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Thanksgiving Retail: Who’s Open and Who’s Closed?

RetailWire

While most retailers are known for extending their hours to accommodate the holiday rush, Thanksgiving Day itself often sees a mix of open and closed doors.

Retail 105
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The Future of Multi-Vendor Commerce

In this on-demand webinar, discover how Logicbroker’s cutting-edge technology enhances the overall experience for both current and future customers and gain insights into how leveraging our seamless integration process unlocks new dimensions of efficiency and functionality. Plus, learn how our advanced marketplace features are set to revolutionize the way businesses operate, offering opportunities for growth and success within your multi-vendor commerce program.

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Charts: U.S. Retail Ecommerce Sales Q3 2023

Practical eCommerce

Per the U.S. Department of Commerce, Q3 domestic retail ecommerce sales grew 2.3% over the prior quarter, representing 15.6% of total retail. The post Charts: U.S. Retail Ecommerce Sales Q3 2023 appeared first on Practical Ecommerce.

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How To Avoid Online Scams While Holiday Shopping

RetailWire

Online shopping can be a minefield during both Black Friday and Cyber Monday. Here's how to keep your personal information safe while making holiday purchases.

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Nordstrom pushes Rack expansion as full-line fleet contracts

RetailDive

Analysts question the emerging dependence on an off-price business that is struggling to compete in an otherwise thriving segment.

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Walmart to Elevate Sourcing With Tech-Powered ESP Platform

RIS News

Walmart is looking to streamline its sourcing processes by tapping into an enterprise platform that leverages technology to bring together disparate systems and improve collaboration with its supplier partners.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.

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Men’s skin care brand Disco shuts down amid bankruptcy

RetailDive

The company filed for Chapter 7 bankruptcy last week after its debt provider foreclosed on it, according to a LinkedIn post from founder Benjamin Smith.

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Retail industry warns of minimum wage increase impact

TalkingRetail

Ahead of today’s (22 November) Autumn Statement, the government confirmed changes to the National Living Wage and National Minimum Wage with the announcement that the headline rate of the National Living Wage will rise to £11.44 per hour in April 2024. In response, the Association of Convenience Stores (ACS) has warned about the affordability of.

Retail 83
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Ford Trims Investment and Job Output in Marshall Battery Plant

RetailWire

Ford is scaling back its initial investment in its proposed EV battery facility in Marshall, Michigan.

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How Will a Cutback on Shopper Spending from Gen Z and Millenials Impact the State of Returns this Holiday Season?

RIS News

It’s important to personalize your returns — in other words, giving returns the same care and attention you give to every interaction shoppers have with your brand.

Other 84
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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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Salt Life continues brick-and-mortar expansion with Virginia store opening next month

RetailDive

With this new location, the apparel brand will have opened seven stores in 2023, bringing its total to 28.

Apparel 101
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Chancellor announces further 75% retail business rates freeze

TalkingRetail

During today’s Autumn Statement, the chancellor Jeremy Hunt announced an extension to the small business multiplier freeze and business rates discount. Speaking about small businesses, Hunt said: “The biggest frustration is the tax they pay before making a profit, not least business rates. “We have frozen the tax rates for the last three years and.

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Kim Kardashian’s firm acquires minority stake in Truff

RetailDive

The investment is the first for private equity arm Skky Partners as it looks to cash in on growing demand for spicy, unique condiments.

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Autumn Statement gets mixed response from retail industry

TalkingRetail

In addition to the 75% business rates freeze, other relevant measures to retail in today’s Autumn Statement include: Alcohol duties, including beer, wine, cider and spirits, will be frozen until 1 August next year Employee National Insurance rate cut from 12% to 10% from 6 January 2024 Local authorities will be able to recover full.

Retail 59
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The B2B Digital Commerce Playbook for Manufacturers

In this comprehensive guide, we delve into four essential ecommerce strategies for manufacturers. Each strategy is backed by a clear vision to ensure your efforts are aligned. Whether you’re a seasoned industry player or a budding digitalization champion, these strategies offer actionable insights to drive success. What will you find in the guide: Overview of how current events and external pressures impact business priorities.

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Wilson opens store in Mall of America

RetailDive

The new 2,600-square-foot store is Wilson’s eighth location since 2021 and first in the region.

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Microsoft CTO Will Match Compensation for Hired OpenAI Employees

RetailWire

Microsoft's CTO Kevin Scott has extended a lifeline to any OpenAI employees who are considering resigning after the abrupt departure of CEO Sam Altman.

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Nisa announces new director of retail and sales

TalkingRetail

Nisa managing director Peter Batt has appointed Katie Secretan onto his senior leadership team as director of sales and retail, to help drive and implement its long-term business plans. Joining from her most recent role as retail transformation director at the Post Office, Secretan will be responsible for setting the strategic direction to deliver against.

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USPS Operation Santa Letter Adoption in Full Swing

RetailWire

In the spirit of the holiday season, the U.S. Postal Service has announced the early launch of its annual Operation Santa letter adoption program.

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The Personalization Playbook: 2024 Strategies

Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.